GOLDMAN TAPES PRIVATE LIMITED,MULUND vs. INCOME TAX OFFICER, PALGHAR
Before: SHRI SAKTIJIT DEY & SHRI JAGADISHGoldman Tapes Private Limited 510, Marathon Max Mulund Goregaon Link Road, Mulund – 400 080 Vs. Income Tax Officer Mumbai-421 303
Per Saktijit Dey, Vice President:
This is an appeal by the assessee against the order dated 27.12.2024, passed by National Faceless Appeal Centre (NFAC for short), Delhi for the assessment year (A.Y.)
2018-19. 2. We have considered rival submissions and perused the materials available on record. The primary grievance of the assessee is on lack of opportunity being granted by the first appellate authority for presenting the case on merits.
Briefly stated, the assessee is a resident corporate entity. For the assessment year under dispute, based on certain information available in the INSIGHT portal, the Assessing Officer (A.O. for short) found that income chargeable to tax in the assessment year under dispute has escaped assessment. Accordingly, he reopened the assessment u/s. 147 of the Act. Ultimately, he completed the assessment u/s. 147 r.w.s. 144 r.w.s. 144B of the Act vide order dated 26.03.2023, determining the total income at Rs.1,80,23,124/- after making
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Mumbai; Dated : 16.12.2025
Roshani, Sr. PS
Copy of the Order forwarded to :
The Appellant 2. The Respondent 3. The CIT(A) 4. CIT - concerned 5. DR, ITAT, Mumbai 6. Guard File BY ORDER,
(Dy./Asstt.